B轮知名固态电池项目，实质性破产

Core Viewpoint - The article discusses the significant challenges faced by Gaon Energy, including the termination of partnerships with two listed companies and the company's financial distress, leading to its classification as "substantially bankrupt" due to a projected revenue of only 19,500 yuan in 2024 against a loss of 17.89 million yuan [1][2]. Group 1 - Gaon Energy's partnerships with Anfu Technology and Lihu Co. have been abruptly terminated, indicating a loss of confidence in the company's viability [1]. - The company's major shareholder's shares have been frozen, reflecting ongoing legal and financial troubles [7]. - The team at Gaon Energy has reportedly been disbanded, further signaling operational collapse [2]. Group 2 - Gaon Energy focuses on the research and development of all-solid-state batteries and solid electrolytes, claiming to have comprehensive production capabilities from material development to cell design [3]. - The founder, Luo Ming, has 15 years of experience in the solid-state battery field and previously led the development of Toyota's sulfide all-solid-state battery technology [5]. - The company established a research center in Japan and formed strategic partnerships with Tokyo University and Tokyo Institute of Technology, becoming the first in China to develop prototype cells in the 1Ah-20Ah range [6]. Group 3 - The company has undergone significant changes, including a relocation from Shenzhen to Zhuhai in March 2022, which raises questions about the motivations behind this move [17][20]. - Local investment from Zhuhai institutions has been minimal, with only 4% ownership at the time of the first round of financing, suggesting a lack of strong local support [22]. - The company has also registered a wholly-owned subsidiary in Longgang District, Shenzhen, in 2023, indicating a potential return to its original base [27][33]. Group 4 - The CTO of Gaon Energy criticized the decision to establish a research center in Shenzhen as a major strategic error, highlighting internal disagreements regarding the company's direction [24]. - The company's history of moving locations and the involvement of various investors from different regions suggest a complex relationship with its operational strategy and funding sources [36][38]. - The article calls for more media attention on the project to uncover the truth and protect the integrity of the primary market [41].